Trump Says Oil Will Tumble When the Iran War Ends: What That Would Mean for Crypto

The single biggest macro weight on crypto in 2026 has not been regulation. It has been a barrel of oil. So when the US president puts a date on the end of the Iran war and tells reporters oil will collapse when it happens, that is worth taking apart carefully, especially because the market's answer so far has been to ignore him.What exactly did Trump say about the Iran war and oil prices?Speaking in Dublin on September 12, Trump was asked when the war would end. "I think very soon, I think it'll be right after the midterms, actually," he said, adding that oil would fall sharply once the fighting stops. He also said Iran was probably behind the drone attacks on Saudi Arabia's East-West crude pipeline, which the Saudis shut as a precaution after multiple strikes launched from Iraq.The midterms are on November 3. There is no ceasefire agreement, no negotiation framework, and Tehran has not signed up to any of this. What you have is a forecast from one side of a war, not a timeline.Why has the oil price gone up instead of down?Because the physical supply problem has not moved. The Strait of Hormuz, the Gulf's main export corridor before the war, is contested, and flows are still well b...